Cloud mining is well known for being an unprofitable business format, which unfortunatelly was very popular until some years ago, when people really thought they could have a lifetime income from sites such as Genesis Mining and similars, including the ponzi schemes promoted as cloud minings, although they didn't involve any kind of mining operations.

OP, if you invested in this business, you have already lost money, because you will never be able to hit ROI, since income is progressively decreasing within time. So, why to pass this loss ahead to someone else? Maybe to dilute your own losses this way? That is not good...

As we can see by OP's post, it's really risky to invest in top 10 cryptocurrencies, with bitcoin and one or another exception, because along the years the top 10 changes constantly, and some cryptocurrencies which were at the top simply melt. By looking previous years' top 10s, I don't even know what some of those altcoins there are. So why to risk so much on them, while we have a safe bet on the top all these years, that is bitcoin? For me that is the most reasonable decision to take. There is no reason to be greedier, since the profits bitcoin can generate us are already pretty considerable, surpassing the potential of any other investment category outside crypto industry.

Something that intrigues me is that during Covid pandemic we had bitcoin on its best moment, the ATH of 2021, although people said the pandemic was harmful to bitcoin, as it was affecting the global economy negatively. Now the world has a war, and bitcoin isn't doing well, but if we followed that same logic of the pandemic, bitcoin should be doing great at this time, also because bitcoin should be a smart way to transact money from foreigner countries to Ukraine and Russia, in order to sponsor the nations. At same time, bitcoin would be an useful tool for ukrainian and russian billionaires and millionaires to move their funds abroad. And it's not happening.

Maybe you are right and they went fully into gold and stable stocks. But then, I ask myself again, why wasn't this same logic used during the pandemic?

From June 16, 2022:

Almost 81% of Shiba Inu Investors are at Loss, Indicates Analysis

Shiba Inu price taken into consideration on that time: US$0.000007616. It's not too different from the currently price, which stays around $0.000008131.

SHIB has been doing poorly and leading most investors into major losses, what isn't a surprise due to the large supply of tokens in the market, what will possibly make it harder for SHIB to recover even during a positive season of crypto market that may happen in the upcoming years.

Not only that, but SBF has direct contact with the White House. His mother is also a lawyer and worked for Biden's campaign. SBF was also one of his biggest donors to Biden's campaign in 2020, or to be more accurate, FTX's customers were. Considering how close he is to powerful people in USA, I think it's possible he escapes from jail, doesn't matter how bad the situation looks for him and how foolish he continues acting. On the other hand, I really hope this scammer is punished accordingly with the crime he perpetrated, all his roots are discovered and exposed to the public, while customers receive at least part of their money back.

Sometimes I think a measure like prices control would be efficient to fight private initiative cartels, but at same time I fear a centralization of more power in the government's hands could lead the country to more misery yet, as businessmen and entrepreneurs wouldn't feel confortable to invest and work in the country anymore.

After all, I think it's more about the nature and character of the people of a country than the political and administrative measures adopted. An honest, transparent, friendly and supportive society will work with or without prices control. While a problematic society won't work with or without the same measures.

Bitcoin ages like wine and maintains its excellency during all these 14 years of existence. I have only to be thankful to Mr. Satoshi for creating and launching the cryptocurrency which revolutionized the world of finances, giving common people from the entire world the opportunity to transact money online without paying abusive taxes to banks and online payment platforms, besides being a powerful investment tool against the devalued fiat currencies we have access in our native countries. Happy 14 years old birthday, BTCitcoin! The best is yet to come!

Yes, investors are used to always want a little more. When they see a currency is rising, they tend to avoid selling, because they want to benefit themselves from the maximum potential that currency can offer them at that currently moment. They prefer to put the entire investment at risk for a potential extra 5%, 10% profit, which may never happen, as once the positive trend ceases, a sudden and deep crash is possible in a matter of few minutes, sometimes. That is what we call a bear trap, and it's not that unusual to happen in crypto market.

That is true. We have to be prepared for every kinds of situations in life, although it's easier said than done. The currently downturn in living standards has to be seen as a challenge to be overcome, instead of a sentence, as most of us see it nowadays. I believe that is how we can find strength in ourselves to continue living with will and energy against all the adversities daily life impose to us.

Despite prices skyrocketing at supermarkets and services getting more expensive, it's still possible to build superior income if we seek for it, through a process of improving ourselves as professionals for the job market.

The worst part are the changes in the emotional side of people. It's terrible to compare previous years and conclude your life quality is decaying. For us, human beings, it's not normal to decay, since we are constantly fighting to thrive and prosper in every aspects. Then we see people sad, angry, bored, annoyed, hopeless. The incidency of conflicts between each other and mental diseases increase considerably.

Both are good and entertaining depending your personal moment. I can't choose one or another, because when I get bored of one category of gambling, I'm going for the another one. Since I'm disappointed with some sports bets I've made, I won't put this category in a superior status when compared to casino games. Luck has been inevitable in every forms of gambling, so it really doesn't make sense for me to say sports betting is being more advantageous than casino games. The important is to enjoy your gambling session, being it at sports, while you watch the matches you are wagering on, or being at casinos, while you play some games and configure the odds as you wish in real time.

Indeed, Ethereum is following Bitcoin trend at this beginning of 2023. Both currencies are stable, while presenting a slight increasement in price, which may touch their resistance levels respectively, if the tendency continues smoothly on this direction.

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I don't see why ETH looks weak right now. It's behaving like bitcoin, and it doesn't mean bitcoin is weak at all. There isn't a real evidence to justify such claims. The week time period seems positive for ETH with a 2,35% increasement in price, but it still has to overcome some barriers to have a positive fluctuation in comparision with the monthly time period, which shows ETH with a - 6,05% negative oscillation.

Revenge trading is the same as revenge gambling. The concept, causes and effects are almost the same, although in trading addiction might not be the exact reason and recurrency is likely to be lower than in gambling. What happens in trading is that people watch those gurus from Youtube and Telegram groups encouraging them to start trading and acquiring the products they sell, so people really think trading is a safe source of income towards the so desired independent life. When they realize it's not that simple, and that losses are not only possible, but also likely, they may feel despaired to recover what they have already invested and lost. So they appeal to revenge trading.

Hopefully, after finding themselves in a situation like that once is already enough for them to learn the lesson and never try again.

It's true we should be careful when leaving funds idle at online platforms for a long time. But do you know what is interesting? We don't hear about casinos scamming their users like exchanges have been doing since the big scandal with Mt. Gox many years ago. Compared to exchanges, I conclude casinos are a safer business model to let your funds than exchanges, what is quite ironical, since casinos are considered greedy places where people lose money, while exchanges are considered places where people store money safely.

In every cases, it's not a recommendation to let funds at casinos, especially because there are some casinos nowadays seizing funds from gamblers' accounts which are inactive for a long time. So, as you said, to read their ToS is a must!

I don't know a single investor who is into this kind of investment because they are having fun and inspiring creativity on the online community. As far as I know, investors are into memecoins because they expect financial returns.

I thought emoticons existed for that purpose already, since the early days of internet (and for free). And I don't think they need to be replaced by memecoins.

Memecoins are copies of each other. There is no creativity or high quality content on this community at all. It's a speculative niche of pump and dump schemes. Sorry, but nothing of this make much sense in a practical way...

Memecoins are shitcoins like most altcoins in this market. They are of no use. And that is why all of them are dying, with DOGE's exception, since it's a classical cryptocurrency which must last for a long time yet.

Years ago, crypto gambling was more stricted to few games, mainly dice, but now there are so many different gambling games to try on. There are alternatives for every tastes which are pretty enough to cover the whole experience someone could have at a land based casino, from the variety of games' point of view. Crypto industry has been providing gamblers a boardless new, immersive and dynamic experience, besides offering the provably fair experience, which ensures legitimacy to games' results, which has always been a big concern from gamblers when playing at fiat casinos.

If OP is a real gambling fan, and has knowledge on this matter, he will find on this industry the casino which best fulfills his demands and please his personality.

Right now I don't have interest in any NFTs, because I don't see potential on the available ones for the future.

Before I went for Axies and Lost Relic's NFTs, as I was willing to try the games. However, the lack of updates and news made me lose the will for playing. Anyway, I don't regret having purchased those NFTs, as they proportionated me entertainment, and in the case of Axies some profit as well, while I was playing.

Now I expect NFTs may revive once more in the next bull run, with new projects related to the gaming industry. That is the condition I can think right now which could lead me to invest on this crypto category again.

Neutral scenario so far, with chances of a new bottom below 15,000$ or stability around 16,000$-17,000$, but minimal chances of a positive trend happening anytime this year.

I don't think economical global crisis is the reason behind the bearish market, because despite crisis, money doesn't disappear. Fortune is always somewhere, the problem is that it's concentrated in the hands of few individuals and these individuals aren't interested in bitcoin investment right now. To take the bear away and to bring the bull, these wealthy investors must retrieve their interest in bitcoin, meaning bitcoin must shine when compared to other investments' alternatives. Since bitcoin can't do this for now, we are still suffering in this market.

The real reason of the bearish market is that there are better alternatives for influent investors at this time, outside crypto industry.

It's said time machines would be harmful to our timeline's sequence of events. What we change in the past would completely change the present and the future. Anyway, it would be tempting to go back in time, in the early years of bitcoin, and start using the first faucets available, while storing the income made for the future. I heard the first or one of the first faucets gave 5 BTC per claim, so we can have a good notion of how profitable it should have been to have claimed from that faucet thinking on long term. That is the perfect solution for everyone, since not all of us would have money back then to invest in bitcoin. We would have to earn it doing tasks and faucets were the key.

We start the year with positive price fluctuations. Hopefully we can break the 17,000$ mark and reach the highest price level in 1 month period. That would mean a positive initial omen for 2023, but I don't expect bitcoin can make much progress this year yet, as investors' focus is at the economy of USA and Europe. If 2023 remains as a stable year for bitcoin it should be already considered success by enthusiasts, because it's really not easy to keep prices stable with so many scams happening simultaneously, consequently demolishing the confidence of every investors around.